$15.5m Acquisition Funding
$15.5m Acquisition Funding
Service
$15.5m Acquisition Funding
Client
Small Cap ASX Listed Company
Location
Melbourne VIC
Industry
Technology
$15.5m Acquisition Funding
Small Cap ASX Listed Company
Melbourne VIC
Technology
Initial funding request placed on hold whilst new Business acquisition became available requiring additional funding.
Dual acquisition integration seen as challenging for newly listed company by several lenders.
Pre-tender exploration process used to gauge specific lender issues and appetite given the industry.
Tendered to 8 financiers following exploration process.
EMK Thomas Secured major bank funding through providing in depth and comprehensive analysis.
Obtained an acquisition line for future acquisitions
Share price has since increased fivefold and minimized dilutionary equity raise.